DavidARains

Reformed actuary 😉 helping insurers with their business not just their reinsurance

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[DavidARains @DavidARains1]

@MarshMcLennan By creating trusted economic models that demonstrate the returns from these investments. I believe they will be huge! Can we show that-Prove that? Can we find investments that will pay off within an election cycle to get credibility for longer term spends? #mmchats #risks22

[DavidARains @DavidARains1]

@asha Yes, but it costs more than zero and the natural consequences of ignoring climate change are too delayed to create good "natural" market-based decisions and investments. We need to accelerate "consequences" to drive needed investments now. #mmchats #risks22

[DavidARains @DavidARains1]

I wonder if there's a correlation between how countries' address their internal socioeconomic strata and their external interest in aiding lesser developed countries? #mmchats #risks22

[Tamara McCleary @TamaraMcCleary]

A3. There are a lot of challenges between the more developed and lesser developed countries around the world. You can understand larger economies wanting to take care of their citizens first, but the developing world needs help and we are unengaged. #Risks22 #MMChats

[DavidARains @DavidARains1]

@tgravel Great point @tgravel - and the disparity between have and have-nots likely has some upper limit above which everything breaks down! #mmchats #risk22 Finding ways to balance this is good policy.

[DavidARains @DavidARains1]

For a quote that I think applies in all times and in all places, I'll have to agree it won't fit many others better than right here and right now. #mmchats #risks22

[Patricia Schouker @Patricia_Energy]

The Mark Twain quote will be key this year: “It ain’t what you don’t know that gets you in trouble, it’s what you know for sure that just ain’t so.” #MMChats #Risks22 #MegaChat

[DavidARains @DavidARains1]

@KiranMudiam @MarshMcLennan Great points @kiranmudiam - of the risks cited, which can we impact the fastest? I would imagine digital inequality, but I know I don't understand all the forces at play that create this. #mmchats #risks22

[DavidARains @DavidARains1]

@dantannNYC Agree! I don't know how long geopolitical risk takes to bake but it's certainly in the oven. And I don't think we see any concerted efforts to cool global or local
tensions. #mmchats

[Jason Oliver @joliver_4]

While people are a company's most important asset, they can also be a source of #risk if not properly managed. Discover the top #risks that #HR, risk managers and #business leaders must work as a team to address. #health #benefits https://t.co/RsEoQnLXbW

[DavidARains @DavidARains1]

The answer is definitely something that will take tremendous thought, collaboration and dedication from a wide range of disciplines - but what we can't do is just make laws and rules and assume that will get the job done. #MMChats #digitalhealth

[Dr. Jasminka Criley MD, FACP, FHM @criley_md]

@DavidARains1 No piece of digital information is safe forever, indeed. Even big, well run, well "protected" companies and healthcare plans experienced safety breeches. It is safe to assume it will happen to most at some point.
What to do about it?

#MMChats #digitalhealth #medtwitter

[DavidARains @DavidARains1]

Yep, Yep, Yep & Yep! Tech will be a bigger and critical part of the future healthcare ecosystem but won't replace the dedicated humans that make the wheels turn today. #MMChats #futureofwork #digitalhealth

[Donna K. Lencki @DonnaKLencki]

A8 —

✔ Tech will be a net positive to care delivery
✔ #AI will advance + transform preventive care
✔ Deeper partnerships between providers, payers + employers
✔ Existing care guidelines will be supplemented by AI-driven evidence

#MMChats #digitalhealth #futureofwork

[DavidARains @DavidARains1]

A8c: It won’t just be digital evolution in play. The future will also depend on further advances in genomics, correcting bias in historical data and studies, application of cognitive behavioral models, etc. There’s a lot to do, and digital tools will help with all of it. #MMChats

[DavidARains @DavidARains1]

A8b: But will we see bigger displacements? Maybe not, if our overall healthcare shortage is under control. The pandemic-accelerated use of digital health technology may have saved the sector from real disruption or obsolescence, in some cases. Innovation abhors a vacuum! #MMChats

[DavidARains @DavidARains1]

A8a: Wow – that’s too far for me, and you are really getting into what would seem like disruption compared to today! I am comfortable, though, saying that developing technology will be a massive net positive in healthcare delivery in almost every use case. #MMChats

[DavidARains @DavidARains1]

@LisaLint @guzmand @DonnaKLencki @TylerCohenWood @MarshMcLennan Same! This is such low-hanging fruit, I can't believe it hasn't just fallen off the tree. Resolving data ownership questions should help with some of this - maybe there's a practical application of #blockchain in there. Never thought I'd say that! #MMChats

[DavidARains @DavidARains1]

A7b: We need to understand “how can this info hurt me if it were stolen,” to prioritize data security measures and to mitigate downstream risks in the case of a breach. The latter is often overlooked but in cybersecurity, the backup plan becomes the plan pretty regularly #MMChats

[DavidARains @DavidARains1]

A7a: I’m sure I might be corrected by a real cyber expert, but I think we need to acknowledge that no piece of digital information is safe forever. Against that, most of us have also decided that the benefits of a digital-inclusive lifestyle far outweigh the risks. #MMChats

[DavidARains @DavidARains1]

@Bailey704Susan We'll definitely get there - but let's hope you can still do in-person visits to FL from MI - in the winter! 😆 #MMChats

[DavidARains @DavidARains1]

A6b: On the other end of the spectrum, AI can help guide both patients and caregivers through increasingly complex treatment options and procedures for a wide range of debilitating diseases – avoiding dead ends and wasted time on ineffectual treatments #MMChats

[DavidARains @DavidARains1]

A6c: Technology-enabled health solutions, delivered cheaply and without the limitations of geography – have the potential to positively impact health equity #MMChats